Topic: Is it insane - I am going to trade this live

I have this strategy
http://www.myfxbook.com/members/togr/gold-es-fxsalt/568728
and I can't help myself - seeing these $200/day profit with DD below 6%
I am going to get money from bank, mortgage my flat and go real.

Is it insane or brave?

Re: Is it insane - I am going to trade this live

togr wrote:

I have this strategy
http://www.myfxbook.com/members/togr/gold-es-fxsalt/568728
and I can't help myself - seeing these $200/day profit with DD below 6%
I am going to get money from bank, mortgage my flat and go real.

Is it insane or brave?

I think it looks fine, perhaps you want to improve the profit ratio a bit but the actual profits are lovely......

I think you should certainly attempt it for a few days and prove it to yourself one way or the other.....

Looking good.!!


Please let us know your success once in a while...

My 'secret' goal is to push EA Studio until I can net 3000 pips per day....

Re: Is it insane - I am going to trade this live

Are you using FST to trade the system?

Re: Is it insane - I am going to trade this live

FST for entering the trades
another EA to closing baket at trailing profit

Re: Is it insane - I am going to trade this live

can you post fsb strategy ?

Re: Is it insane - I am going to trade this live

togr wrote:

FST for entering the trades
another EA to closing baket at trailing profit

Ea to close basket......  do you mean like a trade manager..... independent of FST, I have used that approach in the past as it allows a strategy to be developed with some weird numbers that are quite profitable when taken out by another ea.....


I bet when we get new FSB we will be building some really different strategies than in the past.

My 'secret' goal is to push EA Studio until I can net 3000 pips per day....

Re: Is it insane - I am going to trade this live

Well yes  - another independent EA
The problem from my point of view lies in FSB logic.
When i set closing logic to take profit, eg TP = 1000 and have add to position it always recalculate the profit.
So I would expect positions will remain open until profit is reached or margin call.
It however does not work it hit the TP and close with loss as TP for some reason moves so positions close in loss.

Re: Is it insane - I am going to trade this live

I use MultiPurpose Trade manager for this type of thing, seems to work ok for what I need..

I usually have fixed take profit, I have difficulty getting good stop loss, probably I still have to figure that out hahaha

My 'secret' goal is to push EA Studio until I can net 3000 pips per day....

Re: Is it insane - I am going to trade this live

Yes I use MTPM but basket functionality so it is trailing profits at 66%

Re: Is it insane - I am going to trade this live

Neat Stuff. good luck with this project.... I hope you are soon rich  hehehe

My 'secret' goal is to push EA Studio until I can net 3000 pips per day....

Re: Is it insane - I am going to trade this live

The growth line looks promising. But where can I find the rules of this strategy?

Re: Is it insane - I am going to trade this live

kazik1616 wrote:

The growth line looks promising. But where can I find the rules of this strategy?

In Togr's computer I suppose. If Togr has developed his own moneymaker, he's not gonna go public with it straight away, is he.

Re: Is it insane - I am going to trade this live

Take a close look at myfxbook and see if you can determine some parameters.... gradually work with the thing as he had to do and you will end up with what you need.

Everything you work on will build your experience and knowledge of the tools.

Myself, I am trying different things all day long, slowly learning whatever.

My 'secret' goal is to push EA Studio until I can net 3000 pips per day....

Re: Is it insane - I am going to trade this live

Blaiserboy wrote:

Take a close look at myfxbook and see if you can determine some parameters.... gradually work with the thing as he had to do and you will end up with what you need.

Everything you work on will build your experience and knowledge of the tools.

Myself, I am trying different things all day long, slowly learning whatever.

Reverse engineering is a sound idea! Especially so when we all know what software Togr used haha big_smile

Re: Is it insane - I am going to trade this live

Hey guys,

let me do some more fwd testing pls.  So far many accounts just blow up so i need to do some adjustments

Re: Is it insane - I am going to trade this live

togr wrote:

Hey guys,

let me do some more fwd testing pls.  So far many accounts just blow up so i need to do some adjustments

I have had the same difficulty..... more than a bunch of times....

My 'secret' goal is to push EA Studio until I can net 3000 pips per day....

Re: Is it insane - I am going to trade this live

Blaiserboy wrote:
togr wrote:

Hey guys,

let me do some more fwd testing pls.  So far many accounts just blow up so i need to do some adjustments

I have had the same difficulty..... more than a bunch of times....

Quite strange though - the only strategy that survived 6+ months on demo was
martingale with huge dd wink

Re: Is it insane - I am going to trade this live

togr wrote:
Blaiserboy wrote:
togr wrote:

Hey guys,

let me do some more fwd testing pls.  So far many accounts just blow up so i need to do some adjustments

I have had the same difficulty..... more than a bunch of times....

Quite strange though - the only strategy that survived 6+ months on demo was
martingale with huge dd wink

Do you reoptimize on a regular basis...... do you use maximum number of bars when you make a new robot...

Perhaps you have to set higher standards for your robots initially.

My 'secret' goal is to push EA Studio until I can net 3000 pips per day....

Re: Is it insane - I am going to trade this live

What is max number of bars
is 1,250,000 enough? wink ?

Re: Is it insane - I am going to trade this live

50,000 is enuf with proper walk forward

My 'secret' goal is to push EA Studio until I can net 3000 pips per day....

Re: Is it insane - I am going to trade this live

Blaiserboy wrote:

50,000 is enuf with proper walk forward

nope 50,000 is default in fsb
you can however increase it in config file.

Re: Is it insane - I am going to trade this live

I am aware that you can increase in config file, I also have an idea that using far too many bars will be counterproductive based on the fact that too large a period will obscure bad periods.

The idea is to be testing on several small periods in order to know that results are satisfactory for each small period in addition to the longer period. so that you may know you will have better results in future.

I can see now why your ea will not be beneficial  in all periods.

My 'secret' goal is to push EA Studio until I can net 3000 pips per day....

Re: Is it insane - I am going to trade this live

Increasing the number of bars sounds a good idea but over time the nature of the market slowly changes. I would think that 3 years is the maximum you need to use. You can easily  work out the number of bars required based on the time frame you are working with.

Re: Is it insane - I am going to trade this live

Blaiserboy wrote:

I am aware that you can increase in config file, I also have an idea that using far too many bars will be counterproductive based on the fact that too large a period will obscure bad periods.

The idea is to be testing on several small periods in order to know that results are satisfactory for each small period in addition to the longer period. so that you may know you will have better results in future.

I can see now why your ea will not be beneficial  in all periods.

Well yes, I am using this approach
Test on as long period as possible 2008+
Than test each year.
Then test each 3 month
Then test each month smile
Even is strategy survives all these it does not mean it will survive live/demo testing

Re: Is it insane - I am going to trade this live

What then would be the Sharpe Ratio for your tests..?

My 'secret' goal is to push EA Studio until I can net 3000 pips per day....